Amazon Web Services CEO’s Opening word of reinvent AWS event

reinvent aws

reinvent aws

Amazon Cloud CEO’s Opening word of reinvent aws event

The virtual AWS event, which started on December 1 and will continue until December 17, aims to use the culture of reinvention in order to grow faster than its competing cloud service providers, and also to meet customer demands and provide them with the best cloud services at competitive prices. And strong distinctive services.

AWS CEO Andy Jassy opened the event with a keynote speech in which he spoke about the company’s most prominent financial successes, its distinctive culture, and its cloud services and products. Andy Gacy described the rapid growth of Amazon cloud over the past years, and he stated that the operating rate of Amazon cloud revenue is 46 billion dollars, which reflects a significant growth rate of 29% year-on-year.

The rapid growth of AWS with numbers

The CEO of Amazon Web Services explained the rapid growth of Amazon Cloud with clear numbers readings, identifying the growth rate as follows:

  • Just over 10 years, total revenues reached $ 10 billion
  • 23 months, total revenues reached $ 20 billion, double the previous figure
  • 13 months, total revenue reached $ 30 billion
  • 12 months, total revenue reached $ 40 billion

These rapid jumps in growth are only an indication of the quality of what Amazon Cloud offers in terms of services and cloud products, and also have another indication, which is the increased openness to cloud services by customers and their orientation to the rapidly growing market of cloud services.

New products offered by AWS

In his opening speech, Andy Jassy reviewed new products offered by Amazon Cloud:

  • AWS Graviton2 Supported C6gn instances provide 100Gbps network performance
  • AMD-supported GPU instances
  • M5zn instances with an overall turbo frequency of up to 4.5 GHz
  • Next-generation Intel D3 / D3en instances
  • Memory-optimized R5b instances provide 3x more performance compared to same-sized R5b instances of Amazon Elastic Block Store (EBS)

Andy Jassy valued the culture of reinvention and considered it the key to success and what the culture of innovation required to apply in daily operations.

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